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Ex minister involves Lula directly in corruption practices to ensure funding for Rousseff's campaign

Thursday, October 4th 2018 - 08:51 UTC
Full article 28 comments
Jailed ex Finance Minister Antonio Palocci stated that Lula ordered the collection of bribe money in 2010 to fund the campaign of his successor Dilma Rousseff Jailed ex Finance Minister Antonio Palocci stated that Lula ordered the collection of bribe money in 2010 to fund the campaign of his successor Dilma Rousseff
The Palocci testimony could increase anti-Workers Party sentiment, which has helped make Bolsonaro the frontrunner in the race The Palocci testimony could increase anti-Workers Party sentiment, which has helped make Bolsonaro the frontrunner in the race

A judge released fresh testimony this week alleging corrupt practices involving members of Brazil’s leftist Workers Party (PT), whose candidate Fernando Haddad faces far-right lawmaker Jair Bolsonaro in Sunday's presidential election.

Anti-corruption judge Sergio Moro unsealed the plea-bargain testimony of jailed former Finance Minister Antonio Palocci stating that PT founder and then-President Lula da Silva ordered the collection of bribe money in 2010 to fund the campaign of his successor Dilma Rousseff.

Lawyers for Lula, who was jailed in April and barred from running for office due to a corruption conviction, said publication of the testimony was politically motivated to harm Lula and his party.

The Palocci testimony could increase anti-Workers Party sentiment, which has helped make Bolsonaro the frontrunner in the race. Palocci resigned as Rousseff’s chief of staff in 2011 after only five months due a corruption accusation.

In the testimony make public, he said he attended a meeting in 2010 where Lula ordered the then chief executive of state-run oil company Petrobras, José Sérgio Gabrielli, to commission 40 drill ships and use bribe money from the contracts to fund Rousseff’s campaign.

Palocci was arrested two years ago in the sweeping Car Wash investigation into the use of the contracts at Petrobras, as the state oil company is known, by the Workers Party and allied parties to siphon off funds for their political needs.

The court documents made public also cite alleged corrupt practices by Petrobras executives and one financial institution related to exploration blocks in Africa, where the company partnered with investment bank Banco BTG Pactual SA in a venture known as PetroAfrica. BTG acquired a stake in the venture in 2013 and was trying to sell it until recently.

Categories: Politics, Brazil.

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  • Voice

    DemonTree

    Yup he's not even reading what is said...
    To my comment he tells us how many are in poverty...does he seriously think right wing economics is going to help the poor...?
    Also if what we read is true...this guy isn't just right wing he's a far right, racist, nationalist fascist...and military...Jacks dream candidate...

    Oct 06th, 2018 - 12:03 am +1
  • Chicureo

    DemonTree

    Oh I agree that the problem of corruption is extensive and all the political parties are guilty of looting Brazil. The PT is certainly not the only one with dirty hands.

    We all have to therefore agree with Terrence's remarkable intellectual argument that Brazil is currently on the correct path to vote for Bolsonaro.

    After ruling Brazil for 13 of the last 15 years, the PT is blamed by many for a crippling recession, rising violence and voracious corruption.

    An Ibope poll released on Wednesday night showed Bolsonaro with a strong first-round lead over second-placed corrupt Haddad.

    The signs that Bolsonaro is gaining momentum led Brazil's stock index .BVSP up to a near five-month high and its currency BRBY to its strongest level in almost two months on Wednesday. Good news for Brazil!

    Oct 04th, 2018 - 06:12 pm 0
  • Voice

    Well obviously markets would respond positively to the possibility of any right wing Govt...ergo economically right wing policies...
    Economic right wing policies won't necessarily benefit most Brazilians...just some Brazilians, therefore “good news for Brazil” is debatable...

    Oct 04th, 2018 - 07:23 pm 0
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